SCRANTON AREA FOUNDATION INC (EIN 232890364) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1954

Legal Domicile

Principal Officer

LAURA DUCCESCHI

Phone

5703476203

Tax Period

2024-01-01 to 2024-12-31

SCRANTON AREA FOUNDATION INC, founded in 1954, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $13.7M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.7M, a strong 27% operating margin.

Mission

SCRANTON AREA FOUNDATION STRIVES TO ENHANCE THE QUALITY OF LIFE IN NORTHEASTERN PENNSYLVANIA AS A STEWARD, BY DEVELOPING AND MANAGING PERMANENT ENDOWMENT FUNDS; AS A GRANTMAKER, BY GIVING SUPPORT TO ENABLE THE COMMUNITY TO RESPOND TO EMERGING AND CHANGING NEEDS AND OPPORTUNITIES; AS A CHARITABLE RESOURCE, BY ENCOURAGING AND EDUCATING DONORS AND PROVIDING A FLEXIBLE VEHICLE FOR INDIVIDUAL DONORS, NON-PROFIT ORGANIZATIONS AND THE COMMUNITY AT LARGE; AS A CATALYST, BY MOBILIZING COMMUNITY LEADERSHIP IN RESPONSE TO ISSUES. IT IS A CHARITABLE RESOURCE THAT HAS BEEN CREATED BY AND FOR THE PEOPLE OF NORTHEASTERN PENNSYLVANIA TO ASSIST DONORS TO BUILD AND SUSTAIN THEIR COMMUNITY WHILE CARRYING OUT THEIR CHARITABLE INTENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,939,672

Program Service Revenue $0

Investment Income $3,576,709

Other Revenue $158,210

TOTAL REVENUE $13,674,591

Expense Breakdown

Grants Paid $6,328,639

Salaries & Benefits $1,434,820

Fundraising Expenses $433,472

Program Expenses $8,909,730

Other Expenses $2,211,742

TOTAL EXPENSES $9,975,201

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,674,591	$12,477,836	+0.1%
Expenses	$9,975,201	$8,218,648	+0.2%
Net Income	$3,699,390	$4,259,188	-0.1%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✓ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$230,469

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA O'HARA ESQ	DIRECTOR	1.00	Director	$0	$0	$0
ELLEN BURKEY	CHAIR	1.00	Officer Director	$0	$0	$0
DAVID PRICE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KATIE GILMARTIN	TREASURER	1.00	Officer Director	$0	$0	$0
BRYAN FRANTZ	DIRECTOR	1.00	Director	$0	$0	$0
DR PATRICIA FOX	DIRECTOR	1.00	Director	$0	$0	$0
DR JOSEPH BANNON	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER DIMATTIO	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS DONOHUE	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
BILL JOYCE	DIRECTOR	1.00	Director	$0	$0	$0
JEROME MUSHENO RPH ESQ	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM CONABOY ESQ	DIRECTOR	1.00	Director	$0	$0	$0
DR THOMAS MINORA MD	SECRETARY	1.00	Officer Director	$0	$0	$0
KENNETH OKREPKIE	DIRECTOR	1.00	Director	$0	$0	$0
BOBBY LYNETT	DIRECTOR	1.00	Director	$0	$0	$0
RYAN MCGOWAN	DIRECTOR	1.00	Director	$0	$0	$0
MARION MUNLEY ESQ	DIRECTOR	1.00	Director	$0	$0	$0
PAUL C WOELKERS RTR HON DHL	DIRECTOR	1.00	Director	$0	$0	$0
LAURA DUCCESCHI	PRESIDENT & CEO	40.00	Officer	$201,601	$28,868	$230,469
MARGARET MARTINELLI	COO	40.00	Highest	$119,269	$19,082	$138,351

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$13,674,591	$9,975,201	$73,472,109	$3,699,390
2023	$12,477,836	$8,218,648	$63,418,853	$4,259,188
2022	$9,233,945	$7,736,883	$52,409,547	$1,497,062
2021	$12,395,433	$5,732,258	$60,897,206	$6,663,175
2020	$8,403,014	$5,866,059	$50,245,485	$2,536,955
2019	$5,728,176	$3,794,916	$43,821,914	$1,933,260
2018	$4,014,920	$3,071,485	$36,001,138	$943,435

SCRANTON AREA FOUNDATION INC